Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka - 2022

Contents:

1. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka (FOB) - 2022
2. Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka (CIF) - 2022
3. Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka
4. Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka (FOB) - 2022

The average export price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers stood at $31,421 per unit in 2022, picking up by 32% against the previous year. Overall, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 89%. The export price peaked at $37,828 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($61,236 per unit), while the average price for exports to the United States ($6,417 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+104.6%).

Price for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka (CIF) - 2022

The average import price for trade, exhibition, library, personnel and other specialized trailers and semi-trailers stood at $12,295 per unit in 2022, shrinking by -7.3% against the previous year. In general, the import price showed a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 229% against the previous year. As a result, import price reached the peak level of $59,791 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($32,374 per unit), while the price for Italy ($1,618 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka

In 2022, exports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers from Sri Lanka contracted significantly to 90 units, which is down by -31.3% compared with 2021. In general, exports continue to indicate a noticeable downturn. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of 131 units, and then shrank markedly in the following year.

In value terms, exports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers reduced to $2.8M in 2022. The total export value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 38%. As a result, the exports attained the peak of $3.1M, and then contracted in the following year.

Top Export Markets for Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer from Sri Lanka in 2022:

1. United States (234.0 units)
2. Papua New Guinea (12.0 units)
3. Italy (4.0 units)

Imports of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer in Sri Lanka

In 2022, the amount of trade, exhibition, library, personnel and other specialized trailers and semi-trailers imported into Sri Lanka shrank markedly to 13 units, dropping by -71.7% compared with 2021. Over the period under review, imports continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at 54 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of trade, exhibition, library, personnel and other specialized trailers and semi-trailers dropped dramatically to $160K in 2022. In general, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1% against the previous year. Imports peaked at $726K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Trade, Exhibition, Library, Personnel and Other Specialized Trailer and Semi-Trailer to Sri Lanka in 2022:

1. India (4.0 units)
2. Netherlands (1.0 units)
3. Italy (1.0 units)
4. United Kingdom (1.0 units)
5. China (1.0 units)

Source: IndexBox Market Intelligence Platform